Tag: Avantium

They got the beets! Avantium, Cosun partner on 1st commercial plant to produce plant-based glycols

They got the beets! Avantium, Cosun partner on 1st commercial plant to produce plant-based glycols

April 27, 2021 |

They got the beets, They got the beets, They got the beets, Yeah, they got the beets! From the Netherlands comes news that Avantium and Cosun Beet Company have joined forces to construct and operate the first commercial plant for the production of plant-based glycols, using Avantium’s Ray Technology. This converts sugars, like those in […]

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Avantium successfully produces polyesters with plantMEG from Ray Technology demo plant

Avantium successfully produces polyesters with plantMEG from Ray Technology demo plant

April 18, 2021 |

In the Netherlands, Avantium N.V., completed the application validation for its plant-based glycols plantMEG and plantMPG produced in the Ray Technology demonstration plant in Delfzijl. Proving the functional performance of the plant-based glycols is an important step in the scale-up of the Ray Technology. Key applications include polymerisation to PEF and PET polyesters and functional […]

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Avantium reaches key commercial milestone for its FDCA flagship plant

Avantium reaches key commercial milestone for its FDCA flagship plant

April 11, 2021 |

In the Netherlands, Avantium signed a conditional offtake agreement with Resilux, an international rigid plastic packaging supplier, for the supply of PEF resin from the planned Avantium FDCA flagship plant. This brings the total of such offtake contracts to five. The planned FDCA flagship plant is set to produce 5 kilotonnes of FDCA (furandicarboxylic acid) […]

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Avantium secures new offtake contracts for planned FDCA flagship plant

Avantium secures new offtake contracts for planned FDCA flagship plant

March 28, 2021 |

In the Netherlands, Avantium’s subsidiary Avantium Renewable Polymers signed two additional conditional offtake agreements for the supply of PEF resin to manufacture bottles and films, bringing the total now to four such contracts. Avantium RNP aims to commercialize its proprietary plants-to-plastics YXY® Technology, which is used to produce FDCA (furandicarboxylic acid) – the main building […]

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Avantium awarded $6.6M grant for expansion of FDCA pilot plant

Avantium awarded $6.6M grant for expansion of FDCA pilot plant

December 20, 2020 |

In the Netherlands, Avantium N.V, received a $6.6 million (€5.4 million) grant as part of the Demonstration Energy and Climate Innovation (DEI+) scheme, to be paid out in 16 tranches over a period of 4 years from the Netherlands Enterprise Agency (RVO – Rijksdienst voor Ondernemend Nederland). This grant is solely designated for the expansion […]

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Avantium shareholders adopt all resolutions at Annual General Meeting 2020

Avantium shareholders adopt all resolutions at Annual General Meeting 2020

May 17, 2020 |

In the Netherlands, Avantium N.V, a tech company in renewable chemistry, said that at their Annual General Meeting of Shareholders, Avantium’s shareholders approved all resolutions which includes the adoption of the company’s 2019 financial statements, the appointment of Bart Welten to the Management Board and the appointment of Michelle Jou to the Supervisory Board. The […]

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Avantium awarded $0.54M to produce lignin for the development of bio-based asphalt

Avantium awarded $0.54M to produce lignin for the development of bio-based asphalt

April 26, 2020 |

In the Netherlands, Avantium N.V received €0.5 million (about $0.54 USD) for its participation in the CHAPLIN XL project from the Netherlands Enterprise Agency to test a new approach to substantially reduce CO2 emissions from road construction by using lignin as a substitute for fossil-based bitumen in asphalt. Lignin is a main constituent of woody […]

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Avantium sells bioaromatics patent portfolio to TNO

Avantium sells bioaromatics patent portfolio to TNO

March 1, 2020 |

In the Netherlands, Avantium sold its bioaromatics patent portfolio to The Netherlands Organization for Applied Scientific Research, TNO, for an undisclosed amount. The sale includes both patents and know-how for technologies that produce bio-derived products for polymers and coatings. These technologies lie outside Avantium’s strategic focus and will now be further developed by TNO. Avantium […]

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It’s Delfzijl! Avantium picks the spot for FDCA flagship plant

It’s Delfzijl! Avantium picks the spot for FDCA flagship plant

January 8, 2020 |

In the Netherlands, Avantium signed a letter of intent to locate its  new flagship plant at Chemie Park Delfzijl, the Netherlands. The 5-kiloton facility will produce plant-based FDCA (furandicarboxylic acid) – a key building block for many chemicals and plastics such as PEF (polyethylene furanoate).  Avantium Renewable Polymers has also entered into a letter of […]

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Avantium secures $27.5M funding for FDCA flagship plant

Avantium secures $27.5M funding for FDCA flagship plant

November 30, 2019 |

In the Netherlands, Avantium secured a significant financial milestone of €25 million (about USD $27.5 million) in its mission to fund its FDCA flagship plant. Thanks to this grant, Avantium are well on the road to make plant-based FDCA (furandicarboxylic acid) and PEF (polyethylene furanoate) commercially available and represents an important financing milestone for Avantium. […]

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